Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.
It’s hard to believe that before the 1700’s, the pace of progress was so slow that it took roughly 350 years for a family to double its standard of living. Thus the average individual in the middle of the eighteenth century had no better than quality of life than the average individual 2000 years earlier, […]
Thoughts from the Frontline: Forecast 2014 The Human Transformation Revolution Read More »
By Nick Giambruno, Senior Editor, International Man Recently, legendary crisis investor Doug Casey and I put our boots to the ground in Cyprus to search the rubble of one of recent history’s most significant financial crises—the financial collapse and bank deposit raid in Cyprus—for incredible bargains. And we found them. In this newly released video
Doug Casey on Crisis Investing in Cyprus Read More »
Papal Fallibility by Bill Bonner Uh oh! The new pope, Francis from the Pampas, has just warned us to beware the “tyranny of capitalism.” Each man worships his own gods. Some worship at the altar of Jesus of Nazareth. Some at the altar of the Almighty Dollar. The capitalists don’t bad-mouth Francis’s god. You’d think
Is Capitalism the Problem as Pope Contends? Read More »
Tech companies are the wave of the global economic future. They will never totally replace the “traditional” sectors of the economy like manufacturing, energy, and agriculture, but there certainly seems to be increased integration between tech and old-line industries.
Trends: Tech Companies Read More »
Lately we have been hearing rumblings in the media that the market is getting “too frothy” and looking like a “bubble” and the media is wondering if we are nearing 2008 proportions. Usually as long as we hear talk like that the market is safe because when we are really nearing a top all the media
No 2008 Stock Plunge In the Cards Read More »
The simplest way to include the closing costs in your refinancing calculations is to simply calculate the overall savings you expect to make when refinancing and deduct the estimated closing costs sum from the savings. If you don’t break even, you’ll be losing money on the refinancing, so maybe sticking to the old terms for a while longer is more advantageous.
Welcome to the Wonderful World of Closing Costs and Refinancing Read More »
Doug Casey in Cyprus: Crisis Investing in Action By Nick Giambruno, Senior Editor, International Man Readers who have been with us for a while know that I’ve been hinting at the project Doug Casey and I have been working on in Cyprus for a while now. It’s a project that dovetails perfectly with Doug’s unique
Stocks in Cyprus Are Down 98%—Time to Start Edging In? Read More »
In this video clip from Steve Hochberg’s “Don’t Get Caught Holding the Bag” presentation, recorded at the San Francisco MoneyShow, Elliott Wave International’s Chief Market Analyst addresses a popular question we get at EWI.
Trends: Credit in the E.U. and the U.S. Read More »
The efficient market theory says that you can’t really beat the market because the market already has all the information available baked into the cake. So why bother? If this were true Warren Buffet, George Soros, Peter Lynch, and John Templeton would never have become billionaires. And interestingly each of these men made their fortunes directly betting against the efficient market theory.
Buffet, Lynch and Templeton were value investors looking for value where the market saw none and then waiting until the market came to its senses and Soros looked at broad trends and then made huge bets on unexpected events. From 1973 through the late 1980s, he ran his own hedge fund, often racking up returns of more than 30% per year and twice posting annual returns of more than 100% while the overall market averaged 10%. According to Investopedia, Soros “believed that financial markets can best be described as chaotic.” Quite the opposite of an efficient market.
Why Investors Shouldn’t Listen to Out-of-Touch-with-Reality Theorists Read More »
In today’s global economic climate, it can be difficult for people to buy a house while struggling with annual bills. But the U.K. government has a number of schemes available to first time buyers and existing homeowners such as Help To Buy, NewBuy and Right to Buy. Offering Government loans and easy ways to get 95% mortgages, these schemes have all been designed to help people own their own homes quickly and easily.
Home Buying in the U.K. Read More »
